DUKE UNIVERSITY · UNITED STATES
Finance, M.S. in Quantitative and Computational Finance
Master's · Taught in en
At a glance
24 mo
Duration
7.0
IELTS
€65k
Tuition / yr
en
Language
Master's
Level
- 24 monthsProgram Duration
- Rigorous quantitative and computational focusCurriculum Emphasis
- Prepares for high-demand finance rolesCareer Focus
- Access to world-class faculty and researchFaculty Expertise
- Located in Durham, North CarolinaUniversity Location
The Master of Science in Quantitative and Computational Finance (MSQF) program at Duke University is a rigorous, 24-month master's degree designed to prepare students for careers in the quantitative finance industry. The program offers a deep dive into financial theory, quantitative methods, and computational tools essential for roles in investment banking, asset management, hedge funds, and other financial institutions. It combines a strong theoretical foundation with practical application, equipping graduates with the skills needed to excel in a rapidly evolving financial landscape.
Curriculum
The MSQF curriculum is designed to provide a comprehensive understanding of quantitative and computational finance. It typically spans two academic years, with core courses in finance, mathematics, statistics, and computer science, followed by electives allowing for specialization.
- Year 1
- Financial EconometricsFIN 565
- Stochastic Calculus for FinanceMATH 561
- Computational Methods for FinanceCOMPSCI 557
- Derivative SecuritiesFIN 562
- Time Series AnalysisSTATS 571
- Year 2
- Advanced Topics in Asset PricingFIN 563
- Numerical Methods in FinanceMATH 562
- Machine Learning for FinanceCOMPSCI 577
- Risk ManagementFIN 564
- Electives/Thesis/Project
Careers
Graduates of the MSQF program are well-prepared for a variety of challenging roles in the finance industry. The program's rigorous curriculum and practical focus equip students with the analytical and technical skills sought by leading employers.
- Quantitative Analyst (Quant)
- Risk Manager
- Portfolio Manager
- Financial Engineer
- Data Scientist in Finance
- Trader
Frequently asked questions
- What are the tuition fees for the MS in Quantitative and Computational Finance program?
- Tuition fees for the MSQF program are $76,330 per year. These fees are the same for international and domestic students and are subject to change.
- How long is the MS in Quantitative and Computational Finance program?
- The Master of Science in Quantitative and Computational Finance (MSQF) program is a rigorous, 24-month master's degree.
- What are the estimated living costs for students?
- Estimated annual living costs for students are $21,000, which covers housing, food, books, and personal expenses.
- What are the English language proficiency requirements for international students?
- International students must achieve a TOEFL score of 100 or an IELTS score of 7.0.
- What academic background is required for admission?
- A strong undergraduate record in a quantitative field such as mathematics, statistics, computer science, economics, engineering, or finance is required, along with demonstrated proficiency in calculus, linear algebra, probability, and statistics.
- When is the application deadline for the MSQF program?
- The application deadline for Fall admission is December 15.
Entry requirements
Bachelor's DegreeA strong undergraduate record in a quantitative field (e.g., mathematics, statistics, computer science, economics, engineering, or finance) is required. Demonstrated proficiency in calculus, linear algebra, probability, and statistics is essential.
TOEFL100
IELTS7.0
GRE is not required for the 2025-2026 application cycle. Applicant videos are not considered. The application is submitted through the Duke Graduate School.
Fees
Tuition (international)Tuition fees for the MSQF program are $76,330 per year.
Tuition (home)Tuition fees for the MSQF program are $76,330 per year.
LivingEstimated annual living costs for students are $21,000, covering housing, food, books, and personal expenses.
Tuition fees are the same for international and domestic students. These figures are subject to change.
How to apply
1. Visit the Graduate School Admissions PortalNavigate to the Duke Graduate School's admissions website to access the application system.
2. Create an Account and Complete the Application FormFill out the online application, providing personal details, academic history, and other required information.
3. Submit TranscriptsUpload unofficial transcripts from all undergraduate and graduate institutions attended. Official transcripts will be required upon admission.
4. Provide Test ScoresSubmit official TOEFL or IELTS scores if English is not your native language. GRE scores are not required for the 2025-2026 application cycle.
5. Submit Letters of RecommendationArrange for three letters of recommendation from academic or professional references who can attest to your abilities.
6. Write a Statement of PurposeCraft a personal statement outlining your academic and career goals and why you are a good fit for the MSQF program.
7. Pay the Application FeeSubmit the non-refundable application fee. Information on fee waivers may be available through the Graduate School's policies.
8. Submit the ApplicationReview all sections of your application for accuracy and completeness before submitting by the deadline.
Frequently asked questions
What are the tuition fees for the MS in Quantitative and Computational Finance program?
+
Tuition fees for the MSQF program are $76,330 per year. These fees are the same for international and domestic students and are subject to change.
How long is the MS in Quantitative and Computational Finance program?
+
The Master of Science in Quantitative and Computational Finance (MSQF) program is a rigorous, 24-month master's degree.
What are the estimated living costs for students?
+
Estimated annual living costs for students are $21,000, which covers housing, food, books, and personal expenses.
What are the English language proficiency requirements for international students?
+
International students must achieve a TOEFL score of 100 or an IELTS score of 7.0.
What academic background is required for admission?
+
A strong undergraduate record in a quantitative field such as mathematics, statistics, computer science, economics, engineering, or finance is required, along with demonstrated proficiency in calculus, linear algebra, probability, and statistics.
When is the application deadline for the MSQF program?
+
The application deadline for Fall admission is December 15.